Build America Mutual obtains $150m of reinsurance with third Fidus Re ILS deal
Reinsurance News - Nov 16, 2022
Specialist financial guarantee insurer Build America Mutual (BAM) has secured $150 million of fully collateralized reinsurance via a third issuance through its Bermuda special purpose insurer (SPI), Fidus Re. Following this transaction, BAM’s claims-paying resources now total more than $1.4 bi...
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